Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Wednesday, March 13, 2013

How Rockefeller Parlayed Pipelines into Billions / Commodities / Oil Companies

By: Casey_Research

For at least two thousand years, the Chinese of Sichuan, in south-central China, have dug or drilled holes to tap a briny aquifer, the trapped remains of an ancient inland sea. They boiled down the brine to make crystals of sodium chloride – salt – a food preservative and seasoning so critical in the days before refrigeration that whole civilizations flourished or waned based on its commerce.

The story goes that one day a lightning bolt struck one of the wells, sending a pillar of fire tens of meters into the air. Excited locals named the phenomenon "Wells of Fire." They didn't yet realize it, but they had discovered that natural gas is often associated with salt resources.

Wednesday, March 13, 2013

Don’t Believe the Chart: Gold Still Looks Promising / Commodities / Gold and Silver 2013

By: InvestmentContrarian

George Leong writes: While I do like gold, I’m somewhat perplexed over the metal’s near-term stock chart. The chart shows indecision and indicates a potential downside break at $1,550, with gold potentially falling out of its current sideways channel.

And it also appears that the professional money has mixed feelings about gold. Famed investor George Soros cut his gold holdings, but Paulson & Co. made no changes. (Source: Rooney, B., “Soros dumps gold as prices sink,” CNN, February 16, 2013, last accessed March 12, 2013.)

Wednesday, March 13, 2013

Gold Being Strongly Influenced by Technicals / Commodities / Gold and Silver 2013

By: Ben_Traynor

U.S.DOLLAR gold prices ticked higher to $1597 per ounce Wednesday morning, holding gains from a day earlier, as the Dollar fell against the Euro despite warnings from a prominent Eurozone policymaker that the crisis in the region is not over.

Gold in Euros rose to its highest level this month at €1229 an ounce, in contrast with gold in Sterling, which failed to move back above £1070 an ounce as the Pound recovered some ground against the Dollar after hitting a fresh two-and-a-half-year low yesterday.

Wednesday, March 13, 2013

It's Time to "Pull the Trigger" on Gun Stocks / Commodities / Gold and Silver Stocks 2013

By: Money_Morning

Don Miller writes: U.S. gun sales are at an all-time high. Ammo is flying off store shelves as well.

And that bodes well for companies in the firearms industry, putting the three mentioned below on many investors' "stocks to buy" list.

Fact is, demand for guns and ammo over the past few months is breaking all records. Just take a look at statistics compiled by the FBI's National Instant Criminal Background Check System (NICS).

Tuesday, March 12, 2013

Oil Explorers Beware: Hackers Are Eyeing What You Know / Commodities / Oil Companies

By: OilPrice_Com

While most would think that the risks junior oil and gas companies are taking in exploring new frontiers as far away as the remote reaches of Africa are related to government instability and conflict, another risk they face is right at home and lies right beyond their network firewalls.

Tuesday, March 12, 2013

Gold Breaches $1590 after Weidmann Says "Eurozone Crisis Not Over / Commodities / Gold and Silver 2013

By: Ben_Traynor

AFTER trading sideways for several sessions, gold bullion jumped above $1590 an ounce for the first time this month Tuesday morning in London, in what analysts called a "technical" move after gold broke through a key level following remarks from Bundesbank president Jens Weidmann.

"We see support at the bottom of the sideways range at $1561 and resistance at the top at $1586," said yesterday's technical analysis note from Scotiabank.

Tuesday, March 12, 2013

Don't Ignore This Bullish Trend in Gold / Commodities / Gold and Silver 2013

By: Money_Morning

Jeff Uscher writes: Gold prices have been languishing in recent weeks as investors have been drawn into riskier assets such as equities.

New highs in major world stock indices including the Dow Jones Industrials and the Nikkei 225 have investors looking for higher returns.

Tuesday, March 12, 2013

A Beginner's Guide to Buying Physical Silver / Commodities / Gold and Silver 2013

By: Money_Morning

William Patalon III writes: We get deluged with questions here at Private Briefing. And it's no surprise to me that the bulk of them are excellent queries. We answer them in different ways ... some by writing back to the subscriber ... and some as secondary topics in the daily column.

Many of your questions - like the dozens of requests we recently received about graphene - lead to actual recommendations or even special reports. Other queries will form the basis of "roundup-style" Q&As with our band of experts.

Tuesday, March 12, 2013

Shanghai Gold Exchange Sees Volumes Jump 24% In Year / Commodities / Gold and Silver 2013

By: GoldCore

Today’s AM fix was USD 1,582.50, EUR 1,216.37and GBP 1,065.30 per ounce.
Yesterday’s AM fix was USD 1,577.50, EUR 1,213.28 and GBP 1,058.37 per ounce.

Silver is trading at $29.18/oz, €22.53/oz and £19.71/oz. Platinum is trading at $1,605.25/oz, palladium at $773.00/oz and rhodium at $1,200/oz.

Tuesday, March 12, 2013

As Investors Flee Gold ETFs, Central Banks Jump in as Bigger Buyers / Commodities / Gold and Silver 2013

By: Profit_Confidential

While mainstream financial and a growing number of economic forecasters focus on investors fleeing the gold bullion market, I am following in the footsteps of central banks around the world…

Investors pulled out a record amount of money from gold bullion-backed exchange-traded funds (ETFs) this past February. A total of $4.1 billion was withdrawn from gold bullion ETFs last month, the largest single-month outflow since January of 2011. (Source: ETF Trends, March 6, 2013.)

Tuesday, March 12, 2013

Trapped Longs in the Gold Market / Commodities / Gold and Silver 2013

By: Bob_Kirtley

The following article is an excerpt from one of our past updates “Gold Beaks Down, Tests $1600”, sent to our subscribers February 18th 2013, when gold was $1726 (now $1580) and the HUI miners index was 520 (now 349). We believe that this information is very relevant in the current market situation, as well as for future situations, and have therefore decided to publish this piece for the perusal of the general public.

Monday, March 11, 2013

Gold Continues to Work Through Consolidation / Commodities / Gold and Silver 2013

By: Rambus_Chartology

Tonight’s chart is a daily bar chart for gold that shows all the consolidation patterns since hitting the top of the rectangle back in October of last year at 1800 or so. If gold was ready to break below the bottom rail of the big rectangle, today would have been a good time to do so. Because it didn’t breakdown this morning that tells me the sideways correction that has been going on already for almost 3 weeks now, still has more work to do. Below shows what I think could be a smaller red rectangle that is forming below the brown shaded support and resistance zone that may end up being just one more consolidation pattern to the downside.

Monday, March 11, 2013

Silver - Keep It Simple! / Commodities / Gold and Silver 2013

By: DeviantInvestor

• Nixon dropped the link between the dollar and gold in 1971. Thereafter, the money supply rapidly expanded, consumer price inflation went wild, and both silver and gold increased in price by over a factor of 20 in early 1980.

Monday, March 11, 2013

Gold Flat in "Uneventful" Market and US Recovery Could Be Bearish / Commodities / Gold and Silver 2013

By: Ben_Traynor

U.S. DOLLAR gold prices continued to hover around $1580 an ounce Monday morning, in line with last week's trading, while silver dipped back below $29 an ounce after making slight gains in Asian trading.

Sterling and Euro gold prices were also flat, hovering around £1060 and €1215 an ounce respectively.

Monday, March 11, 2013

Why I Continue to Like Black Gold / Commodities / Crude Oil

By: InvestmentContrarian

George Leong writes: Oil is one of the most volatile of the commodities and fluctuates with the prospects of the global economy and of course the happenings in the Middle East.

Yet, if you really look forward, how can you not like oil given the growth in China and, more importantly, the emerging growth in India?

Monday, March 11, 2013

Gold And Silver Traders Reduce Long Positions Again / Commodities / Gold and Silver 2013

By: GoldCore

Today’s AM fix was USD 1,577.50, EUR 1,213.28 and GBP 1,058.37 per ounce.
Friday’s AM fix was USD 1,577.00, EUR 1,204.18 and GBP 1,049.10per ounce.

Silver is trading at $28.91/oz, €22.32/oz and £19.50/oz. Platinum is trading at $1,600.75/oz, palladium at $772.00/oz and rhodium at $1,200/oz.

Monday, March 11, 2013

Silver Miners, Gold Miners and the Price Of Gold / Commodities / Gold and Silver 2013

By: Chris_Vermeulen

Silver and silver mining stocks are front and center for investors and active traders. Because of silvers high volatility (large price swings) it naturally attracts a lot of attention.

First you have seasoned investors who are waiting for the right opportunity to get long or short for the next move.  Then you have the active traders playing the day to day price swings. Finally you get the gamblers who are salivating over the potential to double their accounts and are riding the commodity on pure emotions (Fear & Greed). All these things compound the volatility for the investment making it headline news and what everyone wants to be involved in.

Sunday, March 10, 2013

Gold and the US Dollar Trend Forecast / Commodities / Gold and Silver 2013

By: David_Petch

I have been retooling the Elliott Wave count of gold, because the longer-term picture just did not seem to fit with what was actually occurring. The proposed count is not likely to be viewed with smiles from many gold bugs (myself included), but the saving grace is what lies beyond 2014. This fits with the primary focus we have for slowly accumulating gold and silver producers that pay dividends and are in politically secure areas of the globe. For those not familiar with Elliott Wave analysis, please try to read the information below and the “future” structural implications that lie ahead once the pattern completes. For gold beyond 2014, it is very bullish, but involves sideways price action for another 18 months or so. The US Dollar Index is likely to top out within 2-3 weeks and decline into the October time frame, before rising anywhere to anywhere from 84-88 by late 2014. Subsequently, analysis below will guide what lies ahead.

Sunday, March 10, 2013

Gold And Silver Increased Odds For Rally - The Clock Is Ticking / Commodities / Gold and Silver 2013

By: Michael_Noonan

Based on the tape, [in chart form], precious metals appear postured for a rally. To what degree is unknown, but current developing market activity favors one. Silver continues to outperform gold, and we start there.

Based on February's low-end close, one would expect at least a nominal lower low for March. That event has occurred, and already one-third through for the month, there has been no other downside effort. Just that showing alone gave rise for expectations of a better performance this month.

Saturday, March 09, 2013

Dow and Silver in Gold Terms / Commodities / Gold and Silver 2013

By: Richard_Mills

The Dow on Gold's terms:

• During January 2000 gold traded at an average price of $284.32
• January 2000 the Dow was 10,900
• 10,900/$284.32 per ounce = 38.33 gold ounces to buy the Dow

Today gold is trading at $1570.90 while the Dow Jones (DJIA) continues to break records, up another 30 points as I write to 14,284.